Time to Cut Expensive Bio-fuels Subsidies, says Ecofiscal Commission

A blue-chip group of economists says federal and provincial government biofuel subsidies are an expensive experiment and it’s time to let them expire.

A study released Oct. 4 by Canada’s Ecofiscal Commission finds that ethanol and biodiesel policies cost consumers and governments about $640 million a year—while cutting Canada’s greenhouse gas emissions by about three million tonnes annually. read more >>